The yen loses ahead of the Bank of Japan's decision. Change in government policy?
The last full week of trading in April is coming to an end. This does not mean, however, that the market situation is getting drowsy, because paradoxically, it is the Thursday and Friday sessions that may provide investors with the biggest jump [...]
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April 22 2024
A bumpy week for the zloty. Is it just turbulence?
There's a lot going on in the market. We have geopolitical tensions in the Middle East, the receding prospect of interest rate cuts in the US, and the quarterly earnings season in the US starting quite nervously. This creates quite an interesting [...]
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April 17 2024
What is behind the decline in the Polish zloty?
The Polish zloty is not having an easy time. Over the last week, our native currency has weakened against the franc by 3,5%, the dollar by 3,3%, the pound by 2,9%, and in the case of the euro by 2,2%. Only yesterday the EUR/PLN pair recorded the highest [...]
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April 12 2024
The European Central Bank is ready to cut interest rates
The decision of the European Central Bank was in line with investors' expectations. Interest rates and balance sheet reduction plans remained unchanged. However, the bank has clearly softened its communication. Although clearly [...]